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Olivut Resources Ltd V.OLV

Alternate Symbol(s):  OLVRF

Olivut Resources Ltd. is a Canada-based exploration and development company. The Company is engaged in the acquisition, exploration, and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The Company’s projects include the HOAM project and Seahorse project. It has a 100% interest in certain permits in the HOAM project located in the Mackenzie Region, Northwest Territories, Canada. The HOAM Project Area covers part of the Interior Plains region south of Great Bear Lake in the southwestern part of the Northwest Territories. The community of Fort Simpson is located approximately 15 kilometers (kms) from the HOAM property in the south and the village of Deline is located about 20 kms from the project area in the north. It also holds 50% interest in the Seahorse Project located in Canada’s Northwest Territories.


TSXV:OLV - Post by User

Post by dwightkerryon Mar 05, 2023 2:00pm
234 Views
Post# 35320063

Our Largest shareholder interviewed last week.

Our Largest shareholder interviewed last week.
An important take away for me in this interview was the amount of life and passion still left in the tank of mining legend Pierre Lassande. The interviewer herself at one point even makes a comment that even though Pierre has 5 decades of success and knowledge he looks amazing and doesn't "look it."
It seems he has another 10 years in him at least to pursue his passion of growing companies and we so fortunate to have him as our largest shareholder and currently we are not paying a premium for that.
Pierre does not mention us, which in retrospect still gives us the greenlight to buy at these low key prices. Let's face it when thus stock is back up to $0.45 - $0.65 the current price of $0.065 will seem like a gift.
Olivut hasn't made their big announcements yet, which again is good for us buying at these low prices, but when they do we will have this man in our corner.
https://www.kitco.com/news/video/show/BMO-Conference-2023/4426/2023-03-03/Stock-market-to-crash-30-in-2023-as-recession-unfolds-these-equities-will-thrive---Pierre-Lassonde#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DBMO-Conference-2023
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